Bitcoin and ether are associated with proof of work! However, at the end of the day all coins mirror or reflect fruits of labor - in this instance masterfully captured by a fragment of a coalmining painting by the Norwegian artist Per Krogh (1889-1965). The coin is one-sided just like medieval bracteates. But you may discern the motif on the averse.
www.svalbard.money is a Norwegian NFT-project initiated by SpareBank 1; the second largest finance group in Norway. The fascinating monetary history in Svalbard constitutes the core of the project: In the 20th century, American, British, Norwegian, Russian/Soviet and Swedish coal companies issued local currencies in Svalbard; notes and (Soviet) coins; money based upon real mining and physical proof of work.
The digital Svalbard notes are unique reproductions of various Anglo-Russian, Norwegian and Soviet Svalbard notes. The decentralized production of such notes ceased on February 7th 2022 when the Ethereum blockchain reached block nr. 14159265. Learn more about this part of our project in the Svalbard money white paper:
https://www.svalbard.money/whitepaper
The digital Svalbard coins pay homage to the Svalbard coins that were minted in Leningrad just after WW2. Read all about it in a richly illustrated “white paper light” here:
Proof of work-coin #20
- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
Proof of work-coin #20
- PriceUSD PriceQuantityExpirationFrom
- PriceUSD PriceQuantityFloor DifferenceExpirationFrom
Bitcoin and ether are associated with proof of work! However, at the end of the day all coins mirror or reflect fruits of labor - in this instance masterfully captured by a fragment of a coalmining painting by the Norwegian artist Per Krogh (1889-1965). The coin is one-sided just like medieval bracteates. But you may discern the motif on the averse.
www.svalbard.money is a Norwegian NFT-project initiated by SpareBank 1; the second largest finance group in Norway. The fascinating monetary history in Svalbard constitutes the core of the project: In the 20th century, American, British, Norwegian, Russian/Soviet and Swedish coal companies issued local currencies in Svalbard; notes and (Soviet) coins; money based upon real mining and physical proof of work.
The digital Svalbard notes are unique reproductions of various Anglo-Russian, Norwegian and Soviet Svalbard notes. The decentralized production of such notes ceased on February 7th 2022 when the Ethereum blockchain reached block nr. 14159265. Learn more about this part of our project in the Svalbard money white paper:
https://www.svalbard.money/whitepaper
The digital Svalbard coins pay homage to the Svalbard coins that were minted in Leningrad just after WW2. Read all about it in a richly illustrated “white paper light” here: